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20110701
20110731
Search Results 0 to 11 of about 12 (some duplicates have been removed)
month what india takes in every year and still, it only grows two percentage points faster than india. in other words, if you think about the quality of chinese growth, it's not as impressive as it appears. it is massive investment, a huge number of airports, eight- lane highways, a high-speed rail that's being built and if you look at what you are getting out of it in terms of the return on investment it is not as impressive. the un just came out with a report indicating that china is going to have a demographic collapse over the next 25 years. it is going to lose 400 million people. there is no point in human history in which you have had a dominant power in the world that is also declining demographically. it simply doesn't happen. and if you want to look at what a country in demographic decline looks like, look at japan and ask yourself how powerful it is. even if china were the largest economy in the world, those numbers are all based on something called purchasing power parody, where china's gdp gets inflated because the cost of a haircut in beijing is less than the cost of one
foreign investment every month were india takes it in over -- every year and they only grow 2% faster than india. it is not as impressive as it appears. massive investment, a huge number of airports, highways, high-speed rail. if you look at what you are getting out of it in terms of the return of investment, not as investment. china has a huge problem that they face. the u.n. can out with a report that pointed out that china will have a demographic collapse of the next 25 years. they will lose 400 million people. there is no point in human history in which you have had a dominant power in the world that is also declining demographically. it simply does not happen. if you want to look at what a country in demographic decline looks like, look at japan. how powerful is it? politically, even if china is the largest economy in the world, and those numbers are all based on purchasing power parity where there gdp gets inflated because the cost of a hair cut is less than one in toronto, but your international power does not depend on the price of hair cuts but foreign aid, oil, and international
property bubble. they take in this foreign investment every month when india takes in every year and still it only grows two percentage points faster than india. if you think about the quality of chinese growth it's not as impressive as it appears. massive investment. a huge number of airports, high speed rail. if you look at what you're getting out have -- of it in terms of return on investment, not as impressive. china has a huge problem. the u.n. came out with a report that pointed out that china is going to have a demographic clams over the next years. it is going to lose 400 million. there is no point in human history in which you've had a dominant power in the world that is also declining demographically. simply doesn't happen. if you want to see what a country in decline looks like look at japan and ask yourself how powerful is it? china's g.d.p. gets inflated because the cost of a haircut in beijing is less than one in toronto. but g.d.p. depends on foreign aid and oil and international investments and aircraft carriers and for all of that you need real hard currency and that adjus
enough. it's one that has a lot of acceptance in a lot of the world which china, india, brazil, and south africa accept make it work. >> rose: in your opinion china, >> >> yes. >> rose: you came away with what sense of their ambition? >> well, this is clearly a country with an enormous national will to... >> rose: solve internal problems? >> to develop, to become wealthy and powerful and to overcome what they see as a century and a half of national humiliation at the hands of the west. that's a huge drive. how it does that i think this is a country which sees many options and could go several different ways. i mean, the one thing almost everyone you speak in china agrees on the it's not going to have the same system in 20 year's time that it has today. whereas in the united states you think you have basically the same system that you've had for a few centuries and more. >> i think ai wei wei had said this. that you do not expect reform to comele from the generation that's now takingower that replaces hu jintao and wen jiabao but you expect genuine reform to come from the next generation,
Search Results 0 to 11 of about 12 (some duplicates have been removed)

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